Noor Trends News, Technical Analysis, Educational Tools and Recommendations

April, 2021

• 23 April 2021 2:41 pm

  Eurozone Recovery Accelerates in April as Services Return to Growth

  

  A survey revealed that the eurozone’s recovery from the pandemic-induced economic downturn was much stronger than expected in April as the bloc’s dominant service sector ignored renewed lockdowns and saw a sudden return to growth. As the continent faces a new wave of infections with the Coronavirus, governments have re-imposed …

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• 23 April 2021 2:39 pm

  Central Bank of Russia Hikes Policy Rate by 50 Basis Points to 5% in April

  

  Russia’s central bank announced on Friday that it hiked its policy rate by 50 basis point to 5%, compared to analysts’ estimate for an increase of 25 basis points.

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• 23 April 2021 1:38 pm

  Oil Rises on Hopes of Recovery in Demand

  

  Oil prices rose on Friday, April 23, boosted by hopes for a recovery in demand as global growth improves and lockdown measures eased, but concerns about a surge in second-wave COVID-19 infections in India dampen the gains. Brent crude futures rose 42 cents, or 0.6%, to $65.82 a barrel after …

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• 23 April 2021 1:12 pm

  European Stocks on Track of Posting Their First Weekly Loss in 8 Weeks

  

  European stocks are on the path of incurring their first weekly loss in eight weeks on Friday, April 23, as a surge in global coronavirus infections dashed the impact of strong earnings reports, while Madrid-based Olfendes shares jumped in its first trade in the Amsterdam market. The European Stoxx600 index …

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• 23 April 2021 12:40 pm

  Japan to Declare COVID-19 State of Emergency in Tokyo, Osaka Region

  

  Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …

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• 23 April 2021 12:20 pm

  Japan Stocks Tumbled on Pandemic Fears

  

  Japanese stocks closed lower on Friday, April 23, as tighter government restrictions to contain COVID-19 infections raised concerns about the economy’s recovery, while disappointing expectations from nedec reinforced the cautious atmosphere at the start of the corporate earnings announcements season. The Nikkei index fell 0.57% to close at 29020.63 points, …

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• 23 April 2021 2:45 am

  Wall Street Closes in Red on New Tax Concerns

  

  The New York Stock Exchange (NYSE) declined on Thursday, closing on sharp losses that marked the worst daily performance on Wall Street since early March. News about U.S. President Joe Biden preparing a new proposal to tax the wealthiest Americans and raise the capital gains tax to fund public expenditure …

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• 23 April 2021 2:25 am

  Oil Futures Close on Marginal Gains

  

  Oil prices registered modest gains on Thursday, following strong losses yesterday to their lowest level in a week due to concerns about the coronavirus pandemic. Brent crude futures for June delivery rose by 8 cents, or 0.1%, to close at $65.40 per barrel. Meanwhile, the West Texas Intermediate (WTI) crude …

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• 23 April 2021 1:52 am

  Gold Declines Following Two Consecutive Rises

  

  Gold prices closed Thursday lower, declining for the first time in three sessions, following a surge to their highest level in about two months on Wednesday. Gold futures for June delivery declined by $11.10, or 0.6%, to finish at $1,782 per ounce. Meanwhile, silver futures for May delivery lost 39 …

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• 23 April 2021 1:52 am

  European Stocks Rise on Positive Earnings and ECB Decision

  

  European stocks registered gains on Thursday, nearing their record highs, supported by a number of positive earnings reports by some major listed companies and following the European Central Bank’s decision to maintain its policy unchanged. The STOXX Europe 600 index rose for the second consecutive day, finishing higher by 0.68%, …

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• 23 April 2021 1:38 am

  U.S. New Jobless Claims Decline to 13-Month Low

  

  New initial jobless claims in the United States declined to their lowest level in 13 months last week, data showed on Thursday. The number of U.S. citizens who applied for unemployment benefits declined by 39,000 to a seasonally adjusted level of 547,000 in the week ended April 17. This is …

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• 23 April 2021 1:31 am

  U.S. Home Sales Decline to Seven-Month Low

  

  Home sales in the United States declined to their lowest level in about seven months during March, falling by 3.7% to a seasonally adjusted annual rate of 6.01 million units. This is the lowest reading for the indicator since August 2020, according to data by the National Association of Realtors …

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• 22 April 2021 6:14 pm

  European Consumer Confidence Improves in April

  

  Consumer confidence continues to improve in April, according to a flash estimate by the European Commission, the executive branch of the European Union (EU). Data released on Thursday showed that the consumer confidence indicator for the European Union (EU) improved by 3.1 points to -9.0 points, while the gauge for …

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